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For saleMLS® X13471114

25 West Avenue S, Hamilton, ON L8N 2S2

Stinson · L8N 2S2

$1,575,000

$315 / sq ft

4 months on market

Bedrooms
7
Bathrooms
7
Interior
5,000 sf
Parking
8
Lot
52 × 121 ft
Age
100+ years

What's special

  • 8 parking spaces
  • Finished basement

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About this property

Solid 7-unit investment opportunity in Hamilton's sought-after Corktown neighbourhood. This well-maintained asset features six oversized 1-bedroom + den units and one 1-bedroom basement suite, with the larger units offering strong potential for conversion to 2-bedroom layouts, creating a clear value-add opportunity. Current operations generate a 6.1% cap rate based on existing income and expenses, supported by a stable tenant base and consistent rental demand. The property benefits from separately metered hydro, shared laundry facilities, one storage locker, and eight surface parking spaces, including a recently paved rear parking area. Six units feature private balconies with rear fire escape access. Well-maintained common areas and attractive landscaping contribute to tenant retention and curb appeal. Ideally situated in a high-demand rental location close to downtown Hamilton, major transit routes, hospitals, employment centres, and everyday amenities. An excellent opportunity for investors seeking stable cash flow with meaningful upside through future unit optimization and rental growth.Private Remarks:

Features

  • None

Property details

Property

Property type
multiplex
Bedrooms
7
Bathrooms
7
Interior size
5,000 sq ft
Year built
100+
Lot size
52 × 121 ft
Zoning
E
Possession
FLEX

Interior

Basement
Unfinished
Heating
Radiant · Gas
Exposure
East

Exterior & services

Construction
Stucco (Plaster), Stone
Parking spaces
8
Sewer
Sewer

Costs

List price
$1,575,000
Property taxes
$9,728 / year (2025)
Price per sq ft
$315

Listing

MLS® number
X13471114
Status
For sale
Listed
June 20, 2026
Days on market
138
Last updated
June 20, 2026
Listing brokerage
REVEL REALTY INC.

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 78% of comparable multiplex listings in Stinson are asking less.

$586KMedian $799K$3.30M
This home
$315 / sq ft
Comparable median
$399 / sq ft

Based on 9 comparable active multiplex listings in Stinson. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $315,000
$315,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$6,966.76
Property tax (est.)
$810.67
Estimated monthly
$7,777

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$27,975
Total due on closing
$27,975

An estimate on the asking price of $1,575,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of REVEL REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$1,575,000

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Comparable sales nearby

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Nearby sold prices are hidden

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